62 Oak DrTerra AltaWV26764
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Terra Alta at 62 Oak Dr, Terra Alta, WV, 26764 listed at $349,000 pairs $2,521/mo rent with a $1,708/mo payment to leave $207/mo cash flow. Total monthly income runs $2,521/mo, and annual cash flow reaches $2,490/yr on $115,694 cash to close. Return on cash invested measures 22.06% in year one, and rental yield registers 8.67% at a $349,000 basis. Equity gained on principal adds $2,252/yr, and annual property appreciation at 5% supports $96,422 by year five. Five-year ROI tracks 114.98% and total cumulative return in cash totals $133,020. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,521/mo property income relative to a $1,708/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
0.56 Acres lot
$N/A/sqft
$3,532 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26764, Terra Alta, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,556 (100%) |
| Owner Occupied HU | 1,455 (56.9%) |
| Renter Occupied HU | 405 (15.8%) |
| Vacant Housing Units | 696 (27.2%) |
| Median Home Value | $162,318 |
| Average Home Value | $178,751 |
Housing Distribution
Address Breakdown
Residential
1,904
Single Family
1,904
Multi-Family
0
Businesses
94
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Listed by: Amanda Trusler • BEL-CROSS PROPERTIES
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10158579
Disclaimer: Data provided by North Central WV Real Estate Information Network, Inc. IDX information is provided exclusively for consumers personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information last updated on 2025-04-07 11:57:48 PDT